Welcome to Thai Cannabis Corporation
TCC is a co-operative, agricultural-based, medicinally and spiritually inspired, research, and development effort.
*To set the International standard for medicinal Cannabis.
*To encourage it’s propagation, distribution,
and it’s use as a tool for healing the human condition.
*To inspire and define the future of humanity.
*To create an agrinomically based economic engine
for the futherance of Thailand’s stated goals
to become the greenest nation on Earth…
Wat Panang Choeng
Ayutthaya, ancient Royal Capital
Posted by Gabe Friedman
This isn’t a great time for small Canadian mining businesses. For the past couple of years, people have worried that China’s economic problems will keep it from buying metals and minerals in big quantities, as it once did, which has lowered prices for some of those commodities. Plus, mine workers are aging and retiring, and there may not be enough younger people to replace them. The combined value of the hundred largest “junior” mining companies—the small ones focussed on exploring deposits, in contrast to “major” companies, which extract the deposits that juniors have analyzed—fell by forty-four per cent last year. As Winston Churchill said, “To improve is to change.” So a couple dozen mining companies are now trying out a sexier business: weed.
Canada started granting its first commercial permits to grow marijuana for medicinal purposes late last year. Since then, at least thirty junior mining enterprises have started diversifying into medical marijuana—“M.M.J.,” for short—or have announced plans to do so.
“As a publicly traded company, we always need a story that’s good enough to raise money on,” Jennifer Boyle, the C.E.O. of Satori Resources Inc., told me. Satori is—or has been, in any case—a gold-mining company. Now Boyle wants to get into pot. “If you can latch on to something you can probably raise money on, i.e., medical marijuana, then why not?” she said. “Because otherwise, your assets are in danger of being bought for next to nothing.”
The fact that exploratory mining and growing marijuana have little in common is, it seems, hardly important. The Papuan Precious Metals Corp.’s stock price rose from two cents to fourteen cents after it announced plans to consider agricultural projects and then hired a marijuana consultant. This month, Papuan agreed to acquire the assets of a pot dispensary in Colorado, where marijuana is now legal for anyone who is twenty-one or older. Other junior companies are experimenting with growing mediums and fertilizers, or looking to provide equipment to growers. “The reason you’re seeing the junior mining companies going to medical marijuana is because there is no money in mining,” Greg Downey, the C.F.O. of Papuan, said. “We look to where the money is going.”
The junior mining companies experimenting with marijuana are not high up in the hierarchy of mining. At the bottom level, there are prospectors, who walk hillsides and fields, kicking rocks in search of minerals and metals. One step up are the juniors: they follow up on prospectors’ finds by conducting more serious studies and sometimes even developing mining sites, with the goal of one day selling their assets to a major mining corporation. Most of the juniors that are turning to pot have market capitalizations of five million dollars or less; they represent only about one per cent of Canada’s estimated three thousand two hundred mining firms.
Major mining companies have had trouble raising capital because of falling commodities prices and a tendency toward cost overruns, which has made it even more difficult for juniors to raise money for their projects, since chances of a buyout are remote. It hasn’t helped that junior mining projects keep failing. There is also an impending labor crisis: in the next ten years, the mining industry will need to replace more than half of its workforce, as current employees retire or depart for more attractive industries. This is problematic both because companies will have to cover those former workers’ retirement benefits and because not many young people choose mining as their profession these days, according to a report by the Canadian government’s Mining Industry Human Resources Council.
The marijuana business isn’t necessarily a panacea. Marijuana remains illegal in Canada, although, since 2001, the federal regulatory agency Health Canada has let residents with a doctor’s authorization possess the plant for personal use. It also granted tens of thousands of permits to grow the drug for personal use or to grow it for someone else’s personal use. Last year, Health Canada became convinced that marijuana was being abused for recreational purposes, announced a repeal of the old growing permits, and started accepting applications for commercial-growing permits instead. (A court injunction put the repeal on hold for the moment, but Health Canada has issued thirteen of the commercial permits. It hasn’t put a cap on how many commercial permits it will grant, but it has said that it has received more than nine hundred applications.) Wagner, the consultant, said that only forty thousand Canadians or so have medical-marijuana prescriptions, a level of demand that a couple hundred growers could easily meet; even if the number of people with prescriptions grows to more than four hundred thousand by 2024, as Health Canada is forecasting, he predicts that this would create only enough customers for an additional several hundred growers. So far, none of the mining companies have been granted a commercial-growing license, although one former mining company is close to merging with a company that owns a license. Many are applying for a license or conducting medical-marijuana due diligence.
Executives at the junior mining companies gave various reasons for why they are well suited to enter the marijuana industry: Downey said that juniors are already publicly listed and therefore have immediate access to capital. Another said that his skill set is in assembling teams, whether it is geologists or pot growers. Boyle, the C.E.O. of Satori Resources Inc., pointed out that her company already has the ticker BUD, which gives it a natural leg up; even now, investors assume that the company is in the marijuana business.
Michael Dehn, the C.E.O. of Jourdan Resources Co., said that he wound up in the marijuana business by happenstance. His company owns several properties in Quebec that it wants to mine for phosphates, a component of fertilizer. It also leases office space in a strip mall in a Toronto suburb, next to a pot grower called ChroniCare Canada Corp. “One day, I was out in the parking lot talking to the guy next door, and I said to him, ‘What do you do?’ ” Dehn recalled. “He said, ‘We grow marijuana,’ and I said, ‘We make fertilizer. We should work together.’ ”
Jourdan and Satori Resources have joined together to excavate and pulverize a small amount of phosphate rock, and they’re partnering with ChroniCare to test whether it could be used to fertilize pot. If it works, the companies would together start selling fertilizer to pot growers.
“We were always going to do fertilizer, and our plan was to target corn or wheat, but we’re still five years away from that, so in the meantime we’ll receive a cash flow,” Dehn explained.
The Canadian market, however, is small. With only thirty-five million people in the country, Dehn and others said that they are thinking about export opportunities. “You kind of look at this as the prohibition period, like when Canada was smuggling alcohol to the U.S.,” he said. Dehn has never smoked pot, but he has heard good things about Canadian-grown marijuana. “For most of my life, this is where you heard the good weed was,” he said. “It’s like France—that’s where you go for champagne.”
Gabe Friedman writes about legal affairs, the environment, and business. He was a Knight-Bagehot Fellow at Columbia University and lives in New York.
Illustration by Dadu Shin.
By Hannah Sentenac Thu., May 29 2014 at 7:00 AM
With medical marijuana on everyone’s lips (in more ways than one), people are buzzing about weed, hemp, cannabis, THC, CBD, and all kinds of other related terms that you might or might not understand. It’s OK — this is confusing stuff.
Leave it to Cultist to offer a little clarity about one such topic you’re probably hearing a lot about: hemp oil. From "cannamoms" to Whole Foods salespeople, lots of folks are touting the benefits of this product. But what is it, exactly, and what does it do?
So what is this stuff?
Let’s start with what hemp oil is not. It is not marijuana. It does not get people high. Both originate from the same plant, but marijuana is cultivated for the buds (which have to be carefully raised for that specific purpose). They’re also grown differently.
The oil has only trace amounts of THC, the psychotropic component in weed. Instead, it has higher concentrations of cannabidiol, or CBD, which is the medicinal boon people are all atwitter over.
"You’ll see two kinds — hemp oil drawn from the plant and hemp oil drawn from the seeds. Ours is drawn from the mature stalks of the hemp plant," says Andrew Hard, director of public relations for HempMeds, a California company whose hemp oil products are sold all over the world. The stalk and seeds don’t fall under the definition of what the U.S. government dubs marijuana, he says; that’s why the products are legal in all 50 states.
Aw, man. So it won’t get me stoned?
Sorry, man. Let’s put it this way: The medical marijuana bill that recently passed the Florida House would allow patients with cancer and conditions that result in chronic seizures or severe muscle spasms to use marijuana pills, oils, or vapors that contain 0.8 percent THC or lower and 10 percent CBD or higher. Right now, those things are illegal.
HempMeds’ Real Scientific Hemp Oil (RSHO), as a comparison, has 15.5 to 25 percent CBD by volume but only trace amounts of THC.
MOUNT VERNON, KY — Vote Hemp, the national single-issue advocacy group dedicated to re-commercializing industrial hemp, and Kentucky non-profit Growing Warriors, have partnered to organize a planting of industrial hemp in Mount Vernon, KY on May 16, 2014, as part of the nationwide grassroots education effort Hemp History Week .
The certified industrial hemp seed provided by the Kentucky Department of Agriculture will be grown as part of a research and development program in conjunction with the Kentucky State University, and marks an historic moment in the Bluegrass State after decades of federal prohibition of industrial hemp.
Grown for its versatile fiber and oilseed, which can be used to make rope, paper, building materials, bio-fuels, cosmetics, healthy food, body care products, textiles, plastic composites, and much more, hemp was once a paramount crop of Kentucky cultivated in the state as recently as the 1950′s, but was permanently banned in 1970 as a Schedule 1 drug under the Controlled Substances Act.
The return of hemp to Kentucky’s farmland and mills is lauded by many political, agriculture and industry leaders in the state and beyond who view the burgeoning industrial hemp market as a step toward job growth and sustained economic stability in the Commonwealth.
The hemp will be sown by war veterans who have partnered with Growing Warriors to learn agriculture and farming skills and work toward creating local community food systems.
“The farming and production of industrial hemp in America just makes sense,” says Mike Lewis, Executive Director of Growing Warriors. “The important thing to note is that a hemp industry must be built from the ground up, and if done properly and responsibly it will restore some vibrancy to our communities. Fighting alongside my fellow Veterans for this crop has already made me a wealthier man as I witnessed the grit and determination that built this country play out daily and now I will be afforded the opportunity to plant this historic crop with true patriots.”
“We took on this fight at the state legislature a year ago, and who would have ever dreamed we would change Kentucky law—change federal law—and have hemp in the ground today?” Agriculture Commissioner James Comer said. “This is an historic moment for Kentucky farmers, and my hope is that industrial hemp can again be a thriving industry that presents new opportunities in agriculture and manufacturing for years to come.”
“Kentucky is leading the country toward a revitalized, lucrative and sustainable hemp industry,” says Eric Steenstra, President of Vote Hemp. “Kentucky farmers, legislators and manufacturers have joined together to bring back hemp farming to the Kentucky landscape, knowing that hemp will bring job creation, among many other economic and environmental benefits.”
To date, thirty-three states have introduced pro-hemp legislation and twenty-two have passed pro-hemp legislation. Fourteen states (California, Colorado, Hawaii, Indiana, Kentucky, Maine, Montana, Nebraska, North Dakota, Oregon, Vermont, Washington and West Virginia) have defined industrial hemp as distinct and removed barriers to its production.
However, despite state authorization to grow hemp, farmers in those states risk raids by federal agents if they plant the crop outside the parameters of Section 7606 of the recent Farm Bill, due to failure of federal policy to distinguish oilseed and fiber varieties of Cannabis (i.e. industrial hemp) from psychoactive varieties (i.e. marihuana.)
In 2013, both the federal Senate and House introduced versions of the Industrial Hemp Farming Act, S. 359 and H.R. 525 respectively. So far in the 2014 legislative session, industrial hemp legislation has been introduced or carried over in Puerto Rico and twenty-five states: Alabama, Arizona, Colorado, Connecticut, Hawaii, Illinois (carried over from 2013), Indiana, Kentucky, Maryland, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire (carried over from 2013), New Jersey (carried over from 2013), New York, Oklahoma, South Carolina, South Dakota, Tennessee, Utah, Washington (two bills were carried over from 2013), West Virginia, and Wisconsin.
Farm Bill , Growing Warriors , hemp , hemp cultivation , hemp farming , industrial hemp , Industrial Hemp Farming Act , James Comer , Kentucky , Kentucky Department of Agriculture , Kentucky hemp , Kentucky State University , US HR 525 , US SB 359 , Vote Hemp
by Vote Hemp
Vote Hemp is a national, single-issue, non-profit organization dedicated to the acceptance of and a free market for low-THC industrial hemp and to changes in current law to allow U.S. farmers to once again grow this agricultural crop.
LOUISVILLE, Ky. (WDRB) — Kentucky Agriculture Commissioner James Comer says it’s been a long road to bring back industrial hemp.
Kentucky lawmakers passed a bill in 2013 to allow the reintroduction of industrial hemp if the federal government lifted its ban.
Then, a federal farm bill agreement allowed pilot growing programs. Comer says Kentucky helped lead the way.
“Here we are, we passed it in Kentucky. Now other states are saying ‘Yeah, we want to do that too’. Indiana’s following suit.
Tennessee’s followed suit passing legislation,” Comer said.
However, the big challenge has been getting the hemp seeds into the country, since it has been illegal to import them into the U.S.
The federal government banned hemp several decades ago when it classified the crop as a controlled substance related to marijuana.
“Even though legislation passed in the Farm Bill to legalize it, the customs agents and border patrol and all the different federal bureaucracies
didn’t know about that, so we’ve had to educate all the federal bureaucracies,”Comer said.
In the next few days, the seeds will finally arrive to Kentucky.
They’re coming in from Europe, Canada, and possibly even China. The seeds are first arriving to a port in Chicago.
Comer says six Kentucky universities will do pilot projects on industrial hemp, including the University of Louisville.
They are hoping the projects will answer many questions.
“Like what is the cost of production per acre, what is the yield per acre, what types of invasive species may come in and harm the crop,
what types of farm equipment can we harvest this crop with, which variety of seeds grow best in which types of soil,” Comer said.
Comer says they must also determine how marketable some of the hemp will be.
Comer: First hemp crop in decades set for planting
LOUISVILLE, Ky. (AP) — Kentucky’s first industrial hemp crop in decades will start going into the ground next month now that the pipeline for shipping seeds into the state is opening up to allow the experimental plantings, state Agriculture Commissioner James Comer said Tuesday.
Comer said he expects the first batches of hemp seeds to arrive in coming days at the state Agriculture Department at Frankfort.
"We’re rapidly approaching a crucial time for the seeds to be put in the ground," he said by phone.
So far, eight pilot projects are planned statewide as part of a small-scale reintroduction to gauge the versatile crop’s potential in the marketplace and as a money maker for farmers. The first planting is scheduled for May 16 in Rockcastle County, said Comer’s chief of staff, Holly Harris VonLuehrte.
"Hopefully we can get enough seeds to have credible research data gathered by this fall," Comer said. "And next year, hopefully we’ll have enough seeds to have several processors in the state and several farmers under contract growing it."
Hemp production was banned decades ago when the federal government classified the crop as a controlled substance related to marijuana. Hemp and marijuana are the same species, Cannabis sativa. Hemp has a negligible amount of THC, the psychoactive compound that gives marijuana users a high.
The crop’s comeback gained a foothold with passage of the new federal farm bill. It allows state agriculture departments to designate hemp pilot projects for research in states that already allow the growing of hemp.
Kentucky lawmakers passed legislation last year that allowed hemp to be reintroduced, if the federal government allows its production.
Once the farm bill allowed the experimental plantings, the next challenge was getting hemp seed into the state.
Comer said Tuesday his staff has "gone through every level of federal bureaucracy you can go through to get those seeds in."
U.S. Border Patrol officials have been cooperative as Comer’s office worked to develop a supply route to bring in hemp seeds, VonLuehrte said. The initial seeds are coming from Canada and Italy, Comer said.
State agriculture officials have helped match farmers with researchers for the pilot hemp projects. Some hemp grown will be sold for commercial uses after the fall harvest to help determine the crop’s marketability, VonLuehrte said. Some hemp will be grown purely for research, she said.
One pilot project in Fayette County will focus on hemp’s potential in medicine, she said. Gov. Steve Beshear recently signed into law a bill that allows doctors at two Kentucky research hospitals to prescribe cannabidiol to treat patients.
Several universities are participating in the hemp projects, also aimed at answering basic production questions for a crop that once thrived in Kentucky.
"It’s going to answer every question that a prospective farmer … would want to know," Comer said. "What’s the optimum date to plant? Which variety of seeds grows best on which soil? What type of farm equipment does it take to harvest this hemp?"
Comer sees hemp as a way to boost Kentucky’s economy, especially in rural areas, through crop production, processing and manufacturing. Hemp was historically used for rope but has many other uses: clothing and mulch from the fiber; hemp milk and cooking oil from the seeds, and soap and lotions.
The next goal will be to win congressional approval to deregulate hemp, he said.
"We’re hopeful that after a year or two, that it can be deregulated and treated like any other agricultural crop," Comer said.
The US Department of Agriculture is looking to boost imports of hemp seeds from Ukraine, hoping this will help the country’s battered economy. However, they still do not know what it will be used for.
“We are now involved in trying to figure out ways in which we might be able to use the industrial hemp seeds that are created in Ukraine in the US,” Agriculture Secretary Tom Vilsack told Bloomberg in an interview Tuesday.
Ukraine is the world’s fourth-biggest producer of industrial hemp seed, the term used to refer to cannabis strains cultivated for non-drug use. Unlike another, most known type of Cannabis grown for marijuana, industrial hemp lacks that same ingredient, THC, which causes physical or psychological effects and gives smoker a high.
Industrial hemp, being one of the earliest domesticated plants known, has many uses from healthy food to making paper, textiles, biodegradable plastics, construction and even fuel.
Easy to cultivate, uses for industrial hemp are growing rapidly.
Ukraine is currently angling for aid from the International Monetary Fund, as much as $20 billion, while it has also been struggling with months of political crisis.
The Obama administration is planning to provide a $1 billion loan for the coup-imposed government of Ukraine, and is working with European allies on a broader package.
Posted: Thursday, March 27, 2014 8:17 am
By VICTORIA ALDRICH
Of all the plants that humans have cultivated throughout history, few are as versatile as hemp. Its fibers easily convert into rope, clothing and furniture material, insulation, plastics, paper and mulch. Its seeds are perfect for birdseed, hemp milk, protein powder and fish bait. Hemp oil is a cheap, nonallergenic base for paints and cosmetics. The leaves taste great in a warm loaf of bread or a salad.
One day, your Kentucky-made car may sport a hemp-based dashboard, state Commissioner of Agriculture James R. Comer told Danville-Boyle County Chamber of Commerce members Wednesday at the year’s first AT&T Public Policy luncheon.
“We successfully passed legislation to allow hemp to be grown in Kentucky this year,” Comer said, through a provision in the newly passed federal Farm Bill. “We are going to have six pilot projects at six universities.”
Since taking office in 2012, Comer has gained attention for drastic measures taken to reduce waste of funds, including monitoring employee vehicle usage through GPS systems. He also increased public accountability by publishing his office’s entire expenditure report. A critical goal this year is stimulating agricultural production and research, factors he describes as key to stimulating Kentucky’s struggling east side.
Few projects are as ambitious as a hemp cultivation program legalized at six state universities through the Farm Bill.
Each university will cultivate a specific variety, Comer explained, and focus on creating a specific finished product.
The University of Kentucky will grow an Asian cultivar to study industrial hemp production and also biomedical canniboid research.
The University of Louisville will study bioremediation techniques, and Kentucky State University will grow state heirloom seeds for industrial use in conjunction with the Homegrown by Heroes veterans program.
Murray State University will grow European cultivars for fiber studies.
Eastern Kentucky University and Morehead State University both will grow Canadian seeds for industrial and renewable energy projects.
“They will work with private-sector farmers to study production aspects and the types of products they can produce,” Comer said. “We farmers want to know what is the cost of production per acre, what is the yield per acre, what is the best time to plant, so we are very excited,” Comer said. “I perceive the hemp being grown on marginal land, on land that is currently being underutilized. You can grow it on land with a greater slope or on land where you wouldn’t grow other things.”
“Boyle County, from a historical perspective, was ground-zero for industrial production for hemp, and we’d like to be at that spot again. Can you give us a hand?” chamber member Mike Perros asked.
“What grows best in western Kentucky may not grow best in Boyle County so we have at least two good years of research that has to be done,” Comer said. “We’re making progress, and it’s not at the level some people would like, but a year ago it was illegal to grow it.”
Few agricultural endeavors generate as much controversy in the United States as hemp production, an established industry throughout the world.
Liberal and conservative backers agree on its endless industrial potential, ease of growth and lack of hallucinogenic content. Critics dislike its low THC levels compared to its notorious cousin, marijuana, and how easy it is to confuse both plants during air surveillance, the most common way police discover illegal cultivation.
“We can pretty much grow it anywhere we want to. The language of the Farm Bill requires it to be administered through a university pilot project,” Comer said.
“This was illegal a few months ago so we’ve made a giant step, but we are going to have to go through a lot of bureaucracy. We found out customs and border patrol hadn’t read the Farm Bill so we had a container of seeds that was turned around and is headed back to China. As I understand it, we have very few seeds in Kentucky.”
Securing companies to process and sell finished goods is critical to jump starting research.
Comer said one company, Caudill Seed, will process seed-based products at plants in Louisville, Morehead and Winchester. Industrial hemp grown in western Kentucky will be purchased by a company in western Minnesota to make plywood and other items for the construction industry.
“Anything that you can make from a tree, you can just about use from hemp. That’s why it’s more sustainable,” Comer said.
Production in eastern Kentucky will focus on creating renewable energy options and possibly automotive manufacturing, Comer added.
“In Germany, Mercedes and BMWs are manufactured using dashboards and other products from the hemp fibers. If you can replace plastic with hemp, that’s taking a giant step toward being sustainable and that’s great for the farmers.”
The project also complements another initiative the state has launched to replace eastern Kentucky’s dead coal industry. Locally produced crops and finished goods will feature a new symbol, Appalachia Proud: Mountains of Potential, similar to the Kentucky Proud program.
“The University of Pikeville is going to produce ginseng,” Comer said.
“You look at the landscape out there and it is obviously mountains and rough terrain. What can you grow or produce in that region? Ginseng grows in the woods, and all that is harvested in Kentucky ends up in Japan or Asia to be processed. We want to develop a processing industry in Kentucky. That’s a unique, outside-the-box partnership between the university and outside industry.”